NPR 394.40
-10.60 (-2.62%)IGI Prudential Insurance has received an A minus credit rating from ICRA Nepal, indicating a low level of…IGI Prudential Insurance has received an A minus credit rating from ICRA Nepal, indicating a low level of credit risk in meeting financial obligations timely.
Non-life and micro insurance companies collected total premiums exceeding Rs 540 million from 254,607…Non-life and micro insurance companies collected total premiums exceeding Rs 540 million from 254,607 insurance policies issued in Shrawan, with Himalayan Everest Insurance leading the traditional sector.
Non-life insurance companies received 583 claims totaling over Rs 25.8 billion following the catastrophic…Non-life insurance companies received 583 claims totaling over Rs 25.8 billion following the catastrophic August 26 Bhotekoshi flood.
IGI Prudential Insurance posted a net profit of Rs 4 million in the fourth quarter of FY 2082/83, with an EPS…IGI Prudential Insurance posted a net profit of Rs 4 million in the fourth quarter of FY 2082/83, with an EPS of Rs 0.13 and a net worth of Rs 179.53 per share, according to its unverified financial report published on Bhadra 21, 2083 [Note: Date format preserved as mentioned in prompt context rules if applicable, though text says 2082/83]. Realized net profit dropped compared to the previous year's Rs 364.9 million due to increased expenses, while its insurance fund grew to Rs 7.8 billion and total premium collection reached Rs 1.45 billion. Paid-up capital stands at Rs 3.02 billion (note: typo in original text says 3 arab 2 karod lakh). eps_npr is 0.13, net_profit_npr is 4000000, fiscal_year is 2082/83.
IGI Prudential Insurance Limited is going to conduct a non-life insurance agent training program online from…IGI Prudential Insurance Limited is going to conduct a non-life insurance agent training program online from Bhadra 8 to Bhadra 11.
IGI Prudential Insurance has signed a cashless hospitalization service agreement with Janmaitri Hospital…IGI Prudential Insurance has signed a cashless hospitalization service agreement with Janmaitri Hospital, Balaju.
IGI Prudential Insurance Limited organized a one-day orientation training on AML/CFT for its directors…IGI Prudential Insurance Limited organized a one-day orientation training on AML/CFT for its directors, management, and basic shareholders on Ashad 29, 2083.
Nepal's non-life insurance sector reached Rs 4.55 billion in total premium collections, with Shikhar Insurance…Nepal's non-life insurance sector reached Rs 4.55 billion in total premium collections, with Shikhar Insurance leading the industry.
Life, non-life, and reinsurance companies have invested a total of Rs 56.48 billion in listed ordinary shares…Life, non-life, and reinsurance companies have invested a total of Rs 56.48 billion in listed ordinary shares up to the third quarter of the fiscal year 2082/83, with life insurers accounting for over 81% of the total.
The Nepal Insurance Authority reported that 14 non-life and 4 micro-insurance companies collected a total of…The Nepal Insurance Authority reported that 14 non-life and 4 micro-insurance companies collected a total of Rs 41.39 billion in premiums up to Baishakh, led by Shikhar Insurance with Rs 5.19 billion.
IGI Prudential Insurance reported a steep 99.83% decline in net profit to Rs 438,000 for the third quarter of…IGI Prudential Insurance reported a steep 99.83% decline in net profit to Rs 438,000 for the third quarter of the fiscal year, pressured by heavy disaster claims.
IGI Prudential Insurance Limited reported a net profit of Rs 438,000 for the third quarter of fiscal year…IGI Prudential Insurance Limited reported a net profit of Rs 438,000 for the third quarter of fiscal year 2082/83, with an EPS of Rs 0.02.
NEPSE has published a list of 123 companies eligible for margin trading, including commercial banks…NEPSE has published a list of 123 companies eligible for margin trading, including commercial banks, development banks, finance companies, microfinances, insurance companies, hydropower companies, and others, effective for Chaitra 17, 2082.
Shikhar Insurance leads the non-life insurance market with a 13.83 percent market share after collecting Rs…Shikhar Insurance leads the non-life insurance market with a 13.83 percent market share after collecting Rs 4.38 billion in premium by Falgun, while non-life insurers collected a total of Rs 31.70 billion.
Speakers at an event called for updating policies to allow insurance and financial companies to expand…Speakers at an event called for updating policies to allow insurance and financial companies to expand internationally, while IGI Prudential Insurance inaugurated its new building.
Non-life insurance companies reported a cumulative negative net profit of Rs 411.5 million for the second…Non-life insurance companies reported a cumulative negative net profit of Rs 411.5 million for the second quarter, with only Prabhu Insurance recording an increase in profit among firms with positive earnings.
IGI Prudential Insurance reported a net loss of Rs 181.13 million for the second quarter of fiscal year…IGI Prudential Insurance reported a net loss of Rs 181.13 million for the second quarter of fiscal year 2082/83, with insurance business reaching Rs 576.6 million.
IGI Prudential Insurance Limited has called on its insured clients to claim compensation for damages incurred…IGI Prudential Insurance Limited has called on its insured clients to claim compensation for damages incurred up to the end of Ashar by submitting necessary documents within 21 days.
IGI Prudential Insurance held its 28th AGM, approving a 5 percent cash dividend from its paid-up capital.IGI Prudential Insurance held its 28th AGM, approving a 5 percent cash dividend from its paid-up capital.
Four companies including NMB Bank and Sanima Reliance Life Insurance are holding their AGMs today to approve…Four companies including NMB Bank and Sanima Reliance Life Insurance are holding their AGMs today to approve dividend proposals.